Breaking: RBA raises OCR by 50 bps to 1.85%, AUD/USD drops - FXStreet

8/1/2022 12:00:00 AM2 years 9 months ago
by FXStreet Team
by FXStreet Team
The Reserve Bank of Australia (RBA) board members decided to increase the official cash rate (OCR) by 50 basis points (bps) from 1.35% to 1.85% at it
The Reserve Bank of Australia (RBA) board members decided to increase the official cash rate (OCR) by 50 basis points (bps) from 1.35% to 1.85% at its August 2 monetary policy meeting. The central b… [+2825 chars]
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